Rachel Reeves’ tax hikes pose ‘major threat’ to UK labour market resilience January 20, 2025 The government's tax hike pose a "major threat" to the health of the labour market, a leading economist has warned.
UK wages continue to surge as Bank of England set to decide on interest rates December 17, 2024 UK unemployment remained steady over the last three months as wage growth surged over the quarter to October. Unemployment was unchanged at 4.3 per cent for the second straight month during October, data from the Office for National Statistics revealed. The number of people claiming jobless benefits climbed by just 300 in November, beating the [...]
Wind turbine maker cuts 600 jobs as demand shifts December 11, 2024 A total of 600 jobs have been put at risk of redundancy by wind turbine maker Vestas, it has been confirmed. The business said employees at its Newport plant on the Isle of Wight have been told at least half of its manufacturing operation will be cut amid changing demand for turbine blades. Vestas said [...]
Premier League referee Coote sacked after X-rated Klopp diatribe December 9, 2024 Premier League referee David Coote has been sacked by officials’ body PGMOL after an investigation found him to be “in serious breach” of his contract. It comes four weeks after he was suspended following the emergence of a video in which Coote made highly derogatory remarks about former Liverpool manager Jurgen Klopp. Days later further [...]
New labour force survey could be delayed to 2027 amid falling participation December 3, 2024 Since the pandemic, the ONS has struggled with falling response rates to its flagship labour force survey (LFS), which has raised questions over the accuracy of its data.
Typhoo Tea: How trespassers and losing £120m led to downfall of historic brand November 29, 2024 Despite not making a profit since 2017, the management running Typhoo Tea had still been optimistic for 2024 just months before the historic brand crashed into administration. Writing in its latest accounts, the company’s directors stated they were “excited” for the 2024 financial year, proclaiming that “legacy issues have been largely dealt with and the [...]
It’s not as easy to count the number of ‘working people’ as you might think November 27, 2024 How many people are employed in the UK today? This is not just a question in a pub quiz for boffins. It is one with important practical implications. Changes in the number of people employed is a key piece of information which the Bank of England’s Monetary Policy Committee takes into account when setting interest [...]
Vauxhall owner Stellantis puts over 1,100 jobs at risk with plans to shut major factory November 26, 2024 The Dutch carmaker said it would instead consolidate electric van production at Ellesmere port in Cheshire, unveiling a £50m investment.
Youth unemployment is at a decade-high. Ignoring it will breed division November 23, 2024 Being left behind while others prosper creates fertile ground for extremism. So we can't afford to ignore youth unemployment, writes Russell Hobby.
Hellofresh puts 900 UK jobs at risk as major site set to be closed October 30, 2024 Hellofresh has revealed plans to close one of its major UK sites in a move which has put 900 jobs at risk. The recipe box delivery company has said the Nuneaton distribution centre would remain operational until the middle of 2025 if the proposals are approved. The 237,000 sqft building was Hellofresh’s second site when [...]